>>102981754It's more complex than that
NijiKR wasn't actually a nijisanji branch, it was an existing Korean company that got bought out by Nijisanji back in 2019, but they forgot to do their due diligence and literally half their roster graudated to join the army shortly afterwards. The branch never really recovered from that and also had various structural and mismangement issues so nobody really cared too much when they got merged with the main branch.
NijiID is a completely different story, for a good year or so they had the biggest english speaking vtuber in the form of Hana Macchia, and while the rest of the roster weren't doing great they were still mid 3views with a significant local presence in Indonesia. They were also doing reasonably well by keeping everything in Indonesia, so while they weren't making the big bucks they also weren't spending alot of money. It's arguably the only proper successful foreign branch Nijisanji had
And then off course literally a week before HoloID3 debuted and with their wave 6 supposedly about to debut, they fired the entire management and canned the branch, leaving them with absolutely nothing to take advantage of the surge of interest ID3 debut caused.